This paper presents, within a new growth theory framework, an analysis of the role of Foreign Direct Investment (FDI) in promoting economic growth. Evidence reported suggests that an important role is exerted by both the size of the domestic market and the competitive climate in relation to...

Government corruption is more prevalent in poor countries than in rich countries. This paper uses cross-industry heterogeneity in growth rates within Vietnam to test empirically whether growth leads to lower corruption. The analysis uses survey data collected from over 13,000 Vietnamese firms...

Deforestation in developing and middle income countries is an urgent global problem, affecting climate change, soil erosion, major river basins, and livelihoods of poor households living near the forests. Public discussions of the problem are frequently dominated by widely held beliefs...

There is perhaps only one broad certainty in the contemporary debate on climate change: not only does climate change affect different nations and communities differently, but the responses of individual stakeholders and institutions are also quite different, primarily because of their different...

Even though the economic and social benefits of thriving entrepreneurship and innovation are evident, it is critical to recognize that these benefits will only accrue if the key gaps in the ecosystem are addressed. Five key areas that an entrepreneur would need to address on a priority basis are...

A longitudinal household survey from World Bank Living Standards Measurement Survey (LSMS) was used for the study. A relatively small (but representative) sample of households residing in the mountainous regions of Nepal (i.e., excluding the low-lying Terai regions) were surveyed in three...

Reviving economic growth is the priority of the government. [http://presidentofindia.nic.in/sp210213.html].

A brief overview is provided about India’s long-term growth performance. Then an attempt is made to set out the conditions for successful innovations. To assess the role of innovations in the Indian economy, the estimated contributions of productivity gains to real GDP growth is...

Economic growth in China and India is exponentially increasing the global demand for skills. In turn, this will cause a severe talent shortage in the world over the next few years. What does this mean for the global production system?

Speech of Pranab Mukherjee Minister of Finance, India. [Budget Speech]. URL:[http://indiabudget.nic.in/ub2012-13/bs/bs.pdf].